Bitcoin (BTC) denied bulls their big break on Nov. 4 as sideways action dragged the market ever closer to $60,000. BTC hodlers in “buy the dip” mode Data from Cointelegraph Markets Pro and TradingView showed BTC/USD back below $62,000 at 8am UTC. The pair saw a difficult 24 hours after hitting local highs above $64,000, finally
XRP
Bitcoin (BTC) and Ether (ETH) had their highest monthly close ever in October, indicating strong momentum that favors buyers. The focus now shifts to November, which has largely been bullish for Bitcoin. Since 2013, Bitcoin has closed November in the red on only two occasions, in 2018 and 2019. Another positive impetus for Bitcoin could
With $78 billion in remittances in 2020 from Saudi Arabia and United Arab Emirates (UAE) combined, the Middle East and North Africa (MENA) region is home to two of the top three remittance corridors in the world. The region is also undergoing a fast-moving shift to digital and boasts one of the world’s most progressive
Bitcoin (BTC) preserved $61,000 into the weekend after “aggressive” buying on Coinbase sparked multi-day highs. Coinbase BTC buyers step up Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling overnight after briefly challenging $63,000. Friday saw strong performance after U.S. traditional markets opened, helping lift Bitcoin to near its minimum monthly close target. As
Ripple publishes the quarterly XRP Markets Report to voluntarily provide transparency and regular updates on the company’s views on the state of crypto markets such as quarterly sales updates, relevant XRP-related announcements and commentary on market developments over the previous quarter. As an XRP holder, Ripple believes proactive communication and transparency are part of being
Dogecoin (DOGE) soared on Oct. 28 amid massive capital rotations out of its top meme coin rival Shiba Inu’s (SHIB) market. Notably, the DOGE price rallied by a little over 44% to reach its intraday high of $0.3449. Its gains appeared in contrast to SHIB’s losses in the same period. On the other hand, the
[embedded content] There’s a reason Ajshia Najafian is one of the first faces new employees see when they start at Ripple. Warmth and a willingness to help are essential in her role, but Ajshia takes it a step further by showing up every day as her most authentic self and creating a space for others
Slovenia’s Ministry of Finance is reportedly seeking public consultation on a draft bill related to taxing cryptocurrency investments, according to local reports. The ministry’s intent to gauge investor sentiment comes almost a month after the Financial Administration of the Republic of Slovenia proposed a 10% tax on cryptocurrency activities. If signed into law under Slovenia’s
[embedded content] In this fall 2021 edition of The Ripple Drop, we explore machine learning’s potential on RippleNet, the exciting developer community that’s building on the XRP Ledger (XRPL) and how Central Bank Digital Currencies work and why they can promote financial inclusion. Machine Learning Bolsters Liquidity Speed and Availability on RippleNet Ripple’s SVP of
Valour, a Zurich-based exchange-traded products (ETP) issuer, announced the launch of a fully-backed investment product to increase exposure to Uniswap decentralized exchange’s native token, UNI. The UNI token serves as the underlying asset within the Valour Uniswap ETP offering available as a fully-backed passive investment product. The Uniswap ETP was launched on a European stock
Shiba Inu (SHIB), the recently surging Dogecoin-inspired ERC-20, suffered a 20% retracement in two hours as Tesla founder and hypothetical Doge CEO Elon Musk announced to Twitter that he doesn’t hold any Shiba Inu tokens. The retracement came after SHIB surged past its previous all-time high to tag a local top of $0.000044 on Oct.
Shiba Inu (SHIB), a spin-off to Dogecoin (DOGE) token, reached an all-time high following a price surge of more than 46% in just two days. The SHIB/USD trading pair was valued highest at $0.00003941 during press time. The latest price jump of SHIB token is attributed to an ongoing bullish trend from Oct. 15, which
Bitcoin (BTC) stayed closer to $60,000 on Oct. 22 after the largest altcoin Ether (ETH) failed to cement new all-time highs. ETH all-time high? Blink and you’ll miss it Data from Cointelegraph Markets Pro and TradingView ETH/USD just match its record $4,380 on Bitstamp before seeing a harsh rejection. Traders watched in anticipation as Ethereum appeared
Today, we’re excited to share new milestones in our partnership with Tranglo — following our intent to acquire a 40% stake in Asia’s leading cross-border payments specialist in March 2021 to scale the footprint of RippleNet, Ripple’s global financial network, in the region and beyond. The partnership has demonstrated significant momentum within six months, with Tranglo launching its first live
Today, we’re thrilled to announce that UAE-based foreign exchange and worldwide money transfer company, Al Ansari Exchange has joined RippleNet. Through RippleNet Cloud, Ripple’s global cloud-based financial network technology, Al Ansari Exchange will connect with leading money transfer technology company MoneyMatch to provide same-day remittances to Malaysia. This service will initially support transactions in Malaysian
Today, Ripple is excited to announce it is joining the Digital Pound Foundation, a non-profit focused on the development and implementation of a digital Pound in the United Kingdom. Ripple, as a Foundation member, will be represented on the board by Susan Friedman, Head of Policy. Ripple’s participation in the Foundation continues our ongoing work
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